Food and drink
Jack-and-Coke in a can: Coca-Cola and Brown-Forman team up for new drink
Brown-Forman and The Coca-Cola Company announce plans to debut Jack Daniel’s® Tennessee Whiskey and Coca-Cola®™ Ready-to-Drink Cocktail Courtesy: Coca-Cola Company Coca-Cola is teaming up with Jack Daniel’s distiller Brown-Forman to make a Jack-and-Coke cocktail in a can. It marks the fourth new alcoholic drink in Coke’s portfolio in less than two years, but the first […]
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Ukraine grain exports via Poland and Romania face bottlenecks, says deputy foreign minister
A driver unloads a truck at a grain store during barley harvesting in the village of Zhovtneve, Ukraine, July 14, 2016. Valentyn Ogirenko | Reuters Ukraine has established two routes through Poland and Romania to export grain and avert a global food crisis although bottlenecks have slowed the supply chain, Kyiv’s deputy foreign minister said […]
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Sriracha hot sauce maker warns of shortage lasting through the summer
A photo of Sriracha Hot Chili Sauce made by the California-based Huy Fong Foods, which is one of the most popular hot sauces, in New Jersey, United States on June 09, 2022. Lokman Vural Elibol | Anadolu Agency | Getty Images Attention hot sauce fans: There is likely to be a shortage of Sriracha sauce […]
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Chipotle and Kraft use this start-up to track and prove how green they are
Consumers are now demanding environmental accountability in everything — from the buildings they live in to the products they purchase. Food is a big one. While more and more food companies are claiming that their products are “sustainable,” a Brooklyn, New York-based startup is asking how good that claim really is. The company is called […]
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Abbott Nutrition restarts baby formula production in reopened Michigan plant
Shelves normally meant for baby formula sit nearly empty at a store in downtown Washington, DC, on May 22, 2022. Samuel Corum | AFP | Getty Images Abbott Nutrition on Saturday resumed baby formula production at its Sturgis, Michigan, plant, a move toward addressing a nationwide shortage. The company has been given the green light […]
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From EV batteries to coffee: Ideas about recycling and nature are changing how firms do business
A hot cup of coffee is the perfect start to the day for millions of people around the world. But when taking that first sip, it’s easy to forget how much work goes into bringing it to the table. From the farmers cultivating and harvesting coffee plants, to milling and roasting, many crucial and labor-intensive […]
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‘A lot of Costco love’ — How the warehouse retailer became a staple of Asian America
Durian at a Costco Wholesale location in Woodland Hills, California. April 24, 2022. Wendy Leung Wendy Leung rarely saw durian in grocery stores growing up in Los Angeles, but the 45-year-old nonprofit worker found the fruit at her local Costco Wholesale in San Fernando Valley this April. Durian is used in Southeast Asian cuisines and […]
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Rapid grocery delivery boom comes to a grinding halt as Getir, Gorillas slash jobs
Fears of an impending recession are forcing rapid grocery delivery companies to slam the brakes on growth. This week, two of the largest instant grocery apps, Getir and Gorillas, announced decisions to lay off hundreds of employees. Another firm, Zapp said it is proposing redundancies in its U.K. team. Getir reportedly told staff Wednesday that […]
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NFL renews its sponsorship deal with Pepsi, but without the Super Bowl halftime show
A detail view of a Pepsi ad at FedEx Field during an NFL football game between the Washington Football Team and the New York Giants, Thursday, Sept. 16, 2021, in Landover, Md. Aaron M. Sprecher via AP Pepsi is keeping its sponsorship rights with the NFL but will give up a core asset – the […]
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DoorDash can jump 32% given its market leadership in food delivery, Bernstein says
DoorDash is a top pick among U.S. emerging internet companies given its leadership in the on-demand delivery space, according to Bernstein. Analyst Nikhil Devnani in a Monday note initiated coverage of DoorDash with an outperform rating and a price target of $90 per share. That represents more than 32% upside from where shares closed on […]
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